Grand Parlor 1/4

New York Palace Champagne Suite

The New York Palace Hotel has long been a byword for opulence. Situated on the corner of Madison Avenue and 50th Street in Manhattan, it combines a historic landmark known as the Villard Mansion with a modern 55-story tower.

The legendary edifice recently underwent a $140 million renovation scheme, preserving its history along with some serious upgrades. The luxurious hotel houses 822 guest rooms and 87 suites along with an event space, several eateries and a bar called Rarities in the Villard section, where one may order a $27,000 bottle of wine. Nothing, however, can top its new Champagne Suite, a 5,000-square-foot, $25,000-per-night temple of indulgence that is sure to be a magnet for celebrities, connoisseurs and the simply very rich. It is now one of the world’s most exclusive hotel suites, and the only one of its kind devoted to that elixir of the gods, Champagne.

In the photo above, off of the Grand Parlor is a wine cave designed for hosting exclusive tastings led by trained sommeliers. There’s also a dining room with seating for 10.